Chicago Atlantic And Lineage Merchant Partners Are Proud To Announce The Execution Of Definitive Merger Agreements Entered Into By Vireo Growth Inc.; Total Deal Value Collectively ~$397M
Chicago Atlantic And Lineage Merchant Partners Are Proud To Announce The Execution Of Definitive Merger Agreements Entered Into By Vireo Growth Inc.; Total Deal Value Collectively ~$397M
Chicago Atlantic and Lineage Merchant Partners are proud to announce the execution of definitive merger agreements entered into by Vireo Growth Inc. ("Vireo" or the "Company") (CSE:VREO), in which Chicago Atlantic is the largest stockholder, with three leading single-state operators: Proper Cannabis (Missouri), Deep Roots Harvest (Nevada), and WholesomeCo Cannabis (Utah). The merger agreements with Wholesome and Proper include the acquisition of Arches, a cutting-edge analytics and distribution technology platform joint venture between Wholesome and Proper. In addition, the Company signed a binding memorandum of understanding to acquire The Flowery (Florida).
芝加哥亞特蘭大和萊尼奇商人夥伴自豪地宣佈,與Vireo Growth Inc.("Vireo"或"公司")(CSE:VREO)簽署了最終合併協議,芝加哥亞特蘭大是最大股東,與三家領先的單一州運營商:Proper Cannabis(密蘇里州)、Deep Roots Harvest(內華達州)和WholesomeCo Cannabis(猶他州)進行合併。與Wholesome和Proper的合併協議包括收購Arches,一個由Wholesome和Proper共同開發的尖端分析和分銷技術平台的合資企業。此外,公司簽署了一份具約束力的諒解備忘錄,以收購The Flowery(佛羅里達州)。
The combined entity (assuming Vireo completes all of the merger transactions) will span seven states, managing approximately 1,043,500 square feet of cultivation and manufacturing space across nine cultivation facilities, and operating 48 retail dispensaries. Supported by Chicago Atlantic, Vireo announced a $75 million equity securities offering at $0.625 per Vireo subordinate voting share, with closing subject to customary approvals, valuing the total deals collectively at approximately $397 million.
合併後的實體(假設Vireo完成所有的合併交易)將覆蓋七個州,管理約1,043,500平方英尺的種植和製造空間,分佈在九個種植設施內,並運營48家零售藥店。在芝加哥亞特蘭大的支持下,Vireo宣佈以每股0.625美元的價格發行7500萬美元的股權證券,交易的完成需遵循常規審批,總交易價值約爲39700萬美元。
譯文內容由第三人軟體翻譯。